RICHMOND, Va., Nov. 24, 2014 /PRNewswire/ — Markel Corporation (NYSE: MKL), a holding company with insurance operations and other investments around the world, announced that Britt Glisson has been appointed President of the Global Insurance division effective November 17, 2014.
Markel Global, which is dedicated to the specialized needs of sophisticated insureds and producers, was formed following the acquisition of Alterra Capital Holdings by Markel in May 2013. The Markel Global team underwrites marine, professional liability, property, and excess casualty products from offices in Bermuda, New York, Dublin, London, Atlanta, San Francisco, Chicago, and Dallas. Markel Global also includes US-based practice groups.
Glisson joined Markel in 1990 and continues to serve as corporate Chief Administrative Officer (CAO), a position he has held since 2009. Most recently, he took on an assignment in the Bermuda office to support the Markel – Alterra integration. Previously, Glisson served as CFO, COO, and then President of Essex Insurance Company. In 1996, he was named President of Markel Insurance Company and continued in that post until his promotion to CAO.
In his new role, Glisson will report to Mike Crowley, Markel Corporation’s President and Co-Chief Operating Officer. He remains responsible for Markel’s ceded reinsurance administration team.
“Britt has worked closely with the Markel Global management team, and he brings strategic vision and a track record of success to this high profile position. He is an experienced leader and excels at bringing people together. As we expand our global brand, I am confident that Britt will represent us well and help the team to increase Markel’s market share of business with larger risks,” commented Crowley.
About Markel Corporation
Markel Corporation is a diverse financial holding company serving a variety of niche markets. The Company’s principal business markets and underwrites specialty insurance products. In each of the Company’s businesses, it seeks to provide quality products and excellent customer service so that it can be a market leader. The financial goals of the Company are to earn consistent underwriting and operating profits and superior investment returns to build shareholder value. Visit Markel Corporation on the web at markelcorp.com.
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CONTACT: Paul Broughton, Director, Marketing, Markel Corporation, 804-527-7618, [email protected]